while some, including myself, have argued that it was due to government and monetary policy that housing prices became vastly overpriced, without subsequent government and central bank intervention via the 'bail out' and purchase of banks and … Briefly discuss Some economists argue that the government intervention makes the economic outcome even worse. Historical Disasters as Result of Government Involvement. Some of these projects are not sustainable and as soon as public funding goes the projects are cancelled. So, we did. 1.Create more jobs and provide more public services 2.Pass laws (e.g.Minimum You don’t have to -- the good deaths and the bad deaths; the good victim and the bad victim. Another example of intervention to promote social welfare involves public goods. So why is it all bad and how can it be bad … Government intervention bad for innovation: Government funded innovation projects have less incentive to produce economic returns. Never. Government intervention is unnecessary, and in the long term does more harm than good to the market. Federal intervention beginning in the mid-1960s has shifted state education systems’ orientation toward this new funding source and led to increased state education bureaucracy. Certain depletable goods, like public parks, aren’t owned by an individual. The majority of intellectuals today prefer to learn from the mistakes of the past as opposed to … 3.-Avoid social instability -Ease financial pressure on people 4.Boost economic growth (By creating more jobs and raising workers' incomes) Improve people's living standard What do the government do?? Government intervention through regulation can directly address these issues. Greed is good. It is never a good idea to attack, destabilize, or seek to depose a government based on the vague hope that a better one will follow. Not at all. often, in a free-market economy, government intervention is quite necessary. So said Michael Douglas in Oliver Stone’s 1987 satirical film Wall Street.The sentiment has been echoed more recently by British politician Boris Johnson, who argued in 2013 that inequality can promote innovation and boost economic growth, rewarding hard work, entrepreneurialism and enterprise. This means that no price is assigned to the use of that good … take this last credit crisis and inflated housing market for example. As the UK‐ based Times notes , the subsidies are … Does the government do good or bad? I thought government intervention would be good because people wouldn't pollute as much but every time I look for things it says that government intervention is bad? Many of the biggest inventions and technological achievements have been produced in private companies. And the neutrality is absolutely necessary. Government intervention can a good thing because it ends market failures and prevents huge swings in the economy. 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